India does not have enough surplus stocks of foodgrains for exports in the short-term and the country needs to boost its farm production significantly, to meet the expected rise in domestic demand by 2020, a top official of FCI said on Wednesday. "The country has adequate stock of foodgrains to meet our needs...there is not much surplus availability of the food grains for export in the short-term," Food Corporation of...

The year 2010 is almost certain to rank among the three warmest years since the beginning of instrumental climate records in 1850, with the possibility of topping the chart, the United Nations World Meteorological Organization (WMO) reported today. The global combined sea surface and land surface air temperature for January–October is estimated at 0.55 degrees Celsius, plus or minus 0.11 degrees, (0.99 degrees Fahrenheit, plus or minus 0.20 degrees) above the...

The Food Corporation of India is looking to augment its storage capacity in the north-east region to ensure timely supplies for the government’s public distribution system. “Inadequate storage facility in the north-east region creates problems in ensuring regular supplies to the PDS (public distribution system),” Union agriculture minister Sharad Pawar told ET. The current storage capacity of the government’s top grain management agency in the north-eastern states is 4.58 lakh...

Sitting on a huge debt burden of close to Rs 2 lakh crore, West Bengal government's finances are the worst among five highly-indebted states in the country, a noted economist attached with the Indian Statistical Institute here has said. "Revenue deficit of the state is the highest among the five highly-indebted states of UP, Maharashtra, West Bengal, Andhra Pradesh and Gujarat," Abhirup Sarkar, the economist, told PTI. He said that for the...

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...